THE VICE-PRESIDENT John Dramani Mahama has assured the business community in the US that the government of Ghana has been working tirelessly to streamline the activities of the private sector to bring it up international standard to reduce the stress investors go through doing business in the country.
He described Ghana as the most conducive and stabilized destination in Africa ideal for investment.
Addressing members of the business community in both Louisville and Atlanta in the US, Vice-president Mahama noted that Ghana was the finest destination and safest place to do business with minimum risk in Africa and therefore urged them to invest in Ghana without any course to fear.
According to the vice-president, Ghana was politically stable, economically viable and socially friendly and that investors wanting to penetrate the African market could use Ghana as the hub.
The companies he visited were Coca Cola International, GreyLock Capital Management, Oracle International, General Electrics and AGCO. He also met and discussed with Mr. Andy young and the CEO of the Millennium Development Authority (MCA).
Officials of AGCO, a leading Tractor and other agriculture equipment manufacturer expressed interest in establishing a tractor manufacturing and assembling plant in Ghana specifically in the North. The officials said they would soon visit Ghana to engage the government to discuss other modalities in setting up the plant in the country.
Another company, Greylock Capital Management, a leading financial institution, showed direct interest in supporting Ghana’s Small - Medium Enterprise to grow to their full potentials. Officials of the institution also expressed interest to opening an office in Ghana to serve the African market.
Mr. Andrew Young, a former US Ambassador to the United Nations and founder of Andrew Young and Associates said he was ready to assist Ghana to take its tourism sector to new and higher level.
He advised developing nations to redirect their development plans towards areas where they (African states) have comparative advantage rather than be “jacks of all trade, masters of none”.
Story by: George Asirigo (Office Of The Vice President)
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